2877 West 20th Street, TOWNHOUSE

Coney Island   |   Neptune Avenue & Mermaid Avenue

Income Property [Voice Intercom]
$ 1,350,000
Rooms 18
Bedrooms 2
Bathrooms 8
Status Active
Real Estate Taxes [Monthly] $ 8,700
Listing ID: 73803TH

Property Description

Coney Island Brick legal 8 fam Fully renovated 8 Units / 2 one bedrooms / 6 studios. ALL Free market units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. Yearly income $ 116,964 NOI $98,854 There is plenty of upsides in rental increases. Huge backyard! New roof, Sprinkler system, Stairways & many other updates! On 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! Just unpack & collect rent! Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few blocks away -Near train , shopping off Neptune Avenue! Steps to beach! Owner VERY Motivated!
Coney Island Brick legal 8 fam Fully renovated 8 Units / 2 one bedrooms / 6 studios. ALL Free market units- Includes 8 Units. All units are fully occupied and pay monthly. There is separate gas and electric meters. Yearly income $ 116,964 NOI $98,854 There is plenty of upsides in rental increases. Huge backyard! New roof, Sprinkler system, Stairways & many other updates! On 20 ft x 117.58 ft Building size 20 ft x 55 ft R5 zoning! Just unpack & collect rent! Fully occupy with projected 7% Cap Rate / Separate gas and electric meters for each unit. Huge backyard! Few blocks away -Near train , shopping off Neptune Avenue! Steps to beach! Owner VERY Motivated!

Listing Courtesy of Brooklyn Real Property Inc

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Apartment Features

A/C

Outdoor

Private Garden
2877 West 20th Street Coney Island Brooklyn NY 11224

Building Details [2877 West 20th Street]

Ownership Income Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 7019/55
Zoning R5
Building Type Low-Rise
Age Pre-War
Year Built 1901
Floors/Apts 3/8
Lot Size 20'x117'6"

Building Amenities

Sprinkler System

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.